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So i'm 24, currently looking to purchase my first rental property - a SFH 3br, 1-2bathrooms, sub 200K, but i've been hesitant to purchase because i don't yet trust myself, and a bit of fear, since obviously it's my fi...
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In the next year or so I think we will be selling our 2 rental properties and our primary residence to buy our retirement home. I want to explore ideas on how to reduce my tax burden. We want to buy a home with plen...
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Hi we have some rentals in southern California. Rental single houses, duplexes, triplexes, quadsI am planning to overhaul all insurance- I have State Farm and I think they charge a lot but I have nothing to compare f...
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Do most of you insure your properties at real cash value or at replacement cost? Do any of you think it is worth the larger premiums to insure at replacement cost? My primary concern has always been liability from l...
Hi, My wife and I have been living in the bay area for 5 years and till now we have mostly invested in stocks and lived on rent. We are tired of having the rents increase on us so we wanted to buy our own house. Given...
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Hi everyone!I have a pocket listing brought to me by my agent. The owner is elderly and is wanting to sell her 3 bed/2 bath ranch style home for 300K (neighborhood comps are between 320-330K). The house does need a c...
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Hi all,I've recently posted my ad online to which I'm getting a lot of interest. However, when I send out my screening response I'm seeing a huge fall off.The process is: Receive an inquiry via Trulia, Zillow, Craigsl...
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So the MegaMillions Lottery is upwards of 1/2 of a Billion Dollars to the winner this Friday.
Thought a brief discussion could be fun:
1. Lump Sum or Annuity?
2. Creative ways to Minimize Taxes on Winnings? (Rich, a...
If I roll $100k into a SDIRA, can I buy a $50k house for cash out of that account and have the rental income put directly in the account? I realize this is probably much more complicated in reality, but I thought...
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My in-laws are gifting my wife and I $65000 to invest in buy and hold real estate. I'd like to hear your ideas on how to best use this amazing opportunity.